Ditch your Bank - Credit Union Transfer Walkthrough
Want to piss off the bankers?
Credit Unions are the best alternative to banks and nothing screams louder than money!
Basics about Credit Unions
Benefits of Credit Unions
These are awesome things! BUT there must be a downside right?
hmmm..... Sounds awesome, I found a credit union in my neighborhood but I can't use the atm card everywhere and it's online banking isn't as awesome as my old bank....
Most of us do not have enough money to have a checking account and a savings account. So having a Bank of America checking account and a local Credit Union savings account doesn't make sense.
This is where compromise comes in.
With a little preplanning atm's won't ever be an issue again. This will also help discipline you and your spending. When you take money out in advance and plan ahead it helps you to watch how you spend. Using the magic plastic stick all the time is what leads to bad spending.
Most Credit Unions do have some kind of online banking and some even have their own iPhone apps. Most of us only really need a debit card and Credit Unions offer that. All I use it for is buying things online and checking my account balance. Credit Unions do the job.
If Credit Unions are so awesome then why isn't everyone in one already?
Walkthrough for New Yorkers
After an half hour of filling out a short app I was done. I opened a savings account with $25.00 and put the rest in checking. My check card is due in the mail in a week. As a bonus I have an account number I can remember.
Switching to Credit Unions will make you retrain yourself for a short period to planning your cash withdrawals but offer you
Nov 5th is the day. Bring a friend and make a party out of it.
So how do I find a credit Union?